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<ul class="news-points"> 
 <li>Ripple’s partner, SBI Group, has entered into a strategic alliance with South Korea’s Kyobo Life Insurance Group.</li> 
 <li>The collaboration envisions the growth in digital finance and technology.</li> 
 <li>The companies will establish a digital financial ecosystem in Korea, strengthening their cooperation in STO businesses.</li> 
</ul> 
Ripple partner SBI Group and South Korea’s Kyobo Life Insurance Group are deepening their collaboration in digital finance. The two companies announced a new strategic alliance aimed at creating a digital financial ecosystem in Korea, with a particular focus on Security Token Offerings (STOs). 
According to SBI Holdings’ <a href="https://www.sbigroup.co.jp/english/news/pdf/2024/0704_a_en.pdf" target="_blank" rel="nofollow">official announcement</a>, the collaboration seeks to expand the business globally. An excerpt read: 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 “Alliance will drive global business expansion as both partners work together to curate unique investment opportunities for clients and develop new technology infrastructure.” 
</blockquote> 
Using blockchain technology, SBI Holdings and Kyobo plan to bring innovative experiences to the digital finance system. For instance, they envision introducing a consortium to lead the STO business landscape. They also plan to launch new security tokens, r…
The post <a href="https://coinedition.com/ripple-partner-sbi-group-kyobo-life-forge-digital-finance-alliance/">Ripple Partner SBI Group, Kyobo Life Forge Digital Finance Alliance</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ripple Partner SBI Group, Kyobo Life Forge Digital Finance Alliance

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